If you’ve recently inherited an IRA, chances are you know that there are some big decisions on the horizon, decisions that can have a financial impact that you are not prepared for; and maybe one that can’t be undone.
Having a financial advisor who has been through this kind of market volatility before can help you stay on target and not let your emotions get the best of you. If you find yourself wanting to make sudden or drastic changes with little information behind those decisions, give us a call and talk to us about your concerns.
There are a handful of quotations about “investing in yourself” or how “quality costs” that we could use to open up our post. Instead, consider the lengths you’ve gone to to save for your future and all of the important goals you have.
There are so many things you should consider when looking for a financial advisor. We have already covered 10 questions you must ask anyone you’re interviewing to help you manage your financial life, but there’s so much more even within those 10. We want you to know exactly why you’re asking those questions and why they matter.
Did you know that you don’t have to be a business owner to have a business exit plan? It’s true! Though the term “business exit” is generally understood to be when a business owner wishes to leave their business (whether by retirement or by selling it), it can also apply to an employee with retirement/stock options/other benefits through their place of employment who may plan to transition to another company.
Well, compound interest is like a really great sourdough starter. The initial amount is like what you put in, and the beautiful effervescent bubbles that come with time is how the interest works for you over time. Perhaps this baking analogy falls a little flat (sorry, I had to). In that case, let’s consider the following few examples of compounding interest, and why it’s still better late than never to utilize it.
